Cramer's Corner: Daily Technical Update with Nvidia, CrowdStrike, EURUSD correction
Kim Cramer Larsson
Technical Analyst, Saxo Bank
Summary: Cramer’s Corner: Daily Technical Update
Kim Cramer Larsson hosts the Daily Technical Update, a daily 8-10 minute video with live charts.
Kim takes you through the latest technical developments in financial markets, covering everything from the major stock indices, widely traded single stocks, commodities, currencies and interest rates
In today’s Technical Update
- Nvidia – and SOXX - top and reversal pattern still intact
- Crowdstrike +3.5% After Market
- S&P 500. Bearish engulfing top and reversal intact
- Nasdaq top and reversal, likely to resume down trend
- EuroStoxx50 around key resist at 4,907
- DAX resistance at 18,780
- AEX25 closed above key resist at 907 but struggling for momentum
- CAC40 upside potential to 7,725 but struggle
- SMI20 bullish likely to test all-time highs
- Time 5.15
- EURUSD correction likely, down to 1.1050
- EURGBP likely to slide lower to 0.84
- GBPUSD bullish could push to 1.33, but stretched
- USDJPY finding some support at 0.786 retracement at 143.30
- EURJPY key support at 160.55
- AUDJPY range 99.20-96.75
- GBPJPY range bound 192-189.30
- AUDUSD bullish, testing resistance at 0.68
- USDCAD support at 1.3440
- EURCHF at 0.618 retracement at 0.9355
- USDCHF testing 0.84
- Dollar Index bouncing from support at 100.32
- Time 11.51
- Gold bullish move struggling for further upside momentum. Support 2,484
- Silver above 29.45 resist, but RSI still negative
- Copper breaking above 422.35
- WTI and Brent Crude oil volatile in tighter range, bouncing from supports
- US 10-year T-yields support at 3.79
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